2021 NOK to EUR Historical Review

YEARLY HIGH

0.1032 EUR

YEARLY LOW

0.0943 EUR

YEARLY AVERAGE

0.0984 EUR

2021 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.1032. Conversely, the yearly low was recorded on July 20, dropping to 0.0943.

This high-to-low spread represents a total annual volatility of 0.0089 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0964 to the December average rate of 0.0986, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1032 was up 1.37% compared to the 2020 peak of 0.1018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 516 EUR

2020 Average 466 EUR

Yearly Trough Low 471 EUR

Transaction Impact: A difference of 44.57 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1024

0.0954

JanuMarcMayJulySeptNove

NOK to EUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0982, compared to 0.0985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0982

H2 Avg (Jul–Dec) 0.0985

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0050 EUR (High: 0.1024 / Low: 0.0973). On the other end, April was the most stable month, with a tight range of 0.0021 EUR (High: 0.1008 / Low: 0.0988).

November Spread (Volatile) ±0.0050

April Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.1019) against the same month in 2020 (average: 0.0914), the exchange rate shifted by +0.0104 (+11.40%).

2021 Avg (October) 0.1019

2020 Avg (October) 0.0914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0978	0.0953	0.0964
February	0.0982	0.0957	0.0972
March	0.0998	0.0970	0.0986
April	0.1008	0.0988	0.0996
May	0.1002	0.0978	0.0991
June	0.0993	0.0972	0.0985
July	0.0984	0.0943	0.0964
August	0.0977	0.0946	0.0960
September	0.0996	0.0970	0.0981
October	0.1032	0.0999	0.1019
November	0.1024	0.0973	0.1001
December	0.1004	0.0962	0.0986